PETROVER: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
What changed
PETROVER
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€31,661
2023 · -€100,817+€69,156
Equity
€1.4m
2023 · €1.4m-€31,661
Cash
€8,598
2023 · €18,996-€10,398
Balance sheet total
€4.5m
2023 · €4.7m-€160,663
Largest movements
Assets
- Tangible fixed assets -€137,717
down €137,717 (-3.2%), from €4.3m to €4.2m
of which Land and buildings: -€136,655
Equity and liabilities
- Debts after one year -€123,478
down €123,478 (-4.6%), from €2.7m to €2.6m
Income statement
- Gross operating margin +€62,707
up €62,707 (+28.7%), from €218,832 to €281,539
- Other operating charges -€19,801
down €19,801 (-42.6%), from €46,526 to €26,725
- Financial charges +€15,902
up €15,902 (+16.2%), from €98,199 to €114,101
of which Financial charges: +€10,616
- Financial income +€3,610
up €3,610 (+59.0%), from €6,116 to €9,726
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Result 2023
-€100,817
Gross operating margin
+€62,707
Depreciation
-€1,059
Other operating charges
+€19,801
Financial income
+€3,610
Financial charges
-€15,902
Result 2024
-€31,661
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€150,783
Investment
-€44,382
Financing
-€116,799
Cash 2023
€18,996
From operations (derived)
+€150,783
Net result for the year
-€31,661
Depreciation
+€182,099
Receivables after one year
-€5,251
Receivables within one year
+€17,798
Provisions
+€0
Trade debts
-€19,243
Tax, wage and social debts
+€1,398
Other debts
+€5,642
Investment (derived)
-€44,382
Investment in fixed assets (net)
-€44,382
Financing
-€116,799
Debts after one year
-€123,478
Current portion of long-term debt
+€6,679
Contributions, distributions and other
-€0
Cash 2024
€8,598
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,664,515 | €4,503,852 | -€160,663 | -3.4% |
| Fixed assets | 21/28 | €4,317,969 | €4,180,252 | -€137,717 | -3.2% |
| Tangible fixed assets | 22/27 | €4,307,487 | €4,169,770 | -€137,717 | -3.2% |
| Land and buildings | 22 | €4,305,237 | €4,168,582 | -€136,655 | -3.2% |
| Plant, machinery and equipment | 23 | €1,050 | €875 | -€175 | -16.7% |
| Furniture and vehicles | 24 | €1,200 | €312 | -€888 | -74.0% |
| Financial fixed assets | 28 | €10,482 | €10,482 | = | 0.0% |
| Current assets | 29/58 | €346,546 | €323,600 | -€22,946 | -6.6% |
| Amounts receivable after more than one year | 29 | €175,049 | €180,300 | +€5,251 | +3.0% |
| Other amounts receivable | 291 | €175,049 | €180,300 | +€5,251 | +3.0% |
| Amounts receivable within one year | 40/41 | €152,501 | €134,703 | -€17,798 | -11.7% |
| Trade receivables | 40 | €13,800 | €13,800 | = | 0.0% |
| Other amounts receivable | 41 | €138,701 | €120,903 | -€17,798 | -12.8% |
| Cash at bank and in hand | 54/58 | €18,996 | €8,598 | -€10,398 | -54.7% |
| Total equity and liabilities | 10/49 | €4,664,515 | €4,503,852 | -€160,663 | -3.4% |
| Equity | 10/15 | €1,400,581 | €1,368,920 | -€31,661 | -2.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,338,581 | €1,338,581 | -€0 | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,126,593 | €1,126,593 | -€0 | 0.0% |
| Distributable reserves | 133 | €205,788 | €205,788 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | - | -€31,661 | -€31,661 | |
| Provisions and deferred taxes | 16 | €335,591 | €335,591 | +€0 | 0.0% |
| Deferred taxes | 168 | €335,591 | €335,591 | +€0 | 0.0% |
| Amounts payable | 17/49 | €2,928,343 | €2,799,341 | -€129,002 | -4.4% |
| Amounts payable after more than one year | 17 | €2,707,602 | €2,584,124 | -€123,478 | -4.6% |
| Financial debts | 170/4 | €2,707,602 | €2,584,124 | -€123,478 | -4.6% |
| Amounts payable within one year | 42/48 | €220,741 | €215,217 | -€5,524 | -2.5% |
| Current portion of amounts payable after more than one year | 42 | €121,254 | €127,933 | +€6,679 | +5.5% |
| Trade debts | 44 | €27,339 | €8,096 | -€19,243 | -70.4% |
| Suppliers | 440/4 | €27,339 | €8,096 | -€19,243 | -70.4% |
| Taxes, remuneration and social security | 45 | €1,682 | €3,080 | +€1,398 | +83.1% |
| Taxes | 450/3 | €1,682 | €3,080 | +€1,398 | +83.1% |
| Other amounts payable | 47/48 | €70,466 | €76,108 | +€5,642 | +8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €181,040 | €182,099 | +€1,059 | +0.6% |
| Other operating charges | 640/8 | €46,526 | €26,725 | -€19,801 | -42.6% |
| Gross operating margin | 9900 | €218,832 | €281,539 | +€62,707 | +28.7% |
| Operating profit (loss) | 9901 | -€8,734 | €72,714 | +€81,448 | |
| Financial income | 75/76B | €6,116 | €9,726 | +€3,610 | +59.0% |
| Recurring financial income | 75 | €6,116 | €9,726 | +€3,610 | +59.0% |
| Financial charges | 65/66B | €98,199 | €114,101 | +€15,902 | +16.2% |
| Recurring financial charges | 65 | €98,199 | €108,815 | +€10,616 | +10.8% |
| Non-recurring financial charges | 66B | - | €5,286 | +€5,286 | |
| Profit (loss) for the period before taxes | 9903 | -€100,817 | -€31,661 | +€69,156 | +68.6% |
| Profit (loss) for the period | 9904 | -€100,817 | -€31,661 | +€69,156 | +68.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€100,817 | -€31,661 | +€69,156 | +68.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.